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Zacks News
Honda (HMC) Japan Cuts Production by up to 30% on Supply Issues
by Zacks Equity Research
Honda (HMC) announces a production cut in Japan by up to 30%. This decision is in the light of ongoing chip crisis and supply-chain issues that are ravaging the auto industry.
Can These 3 Automakers Shift Into High Gear Post-Earnings?
by Derek Lewis
The Zacks Auto, Tires and Trucks Sector has been hit hard throughout 2022, decreasing nearly 30% in value. However, the sector has a solid 8.6% return over the last month.
The Zacks Analyst Blog Highlights Coca-Cola, Merck, Toyota Motor, Enbridge, and Regeneron Pharmaceuticals
by Zacks Equity Research
Coca-Cola, Merck, Toyota Motor, Enbridge, and Regeneron Pharmaceuticals are part of Zacks top Analyst Blog.
Top Stock Reports for Coca-Cola, Merck & Toyota Motor
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including The Coca-Cola Company (KO), Merck & Co., Inc. (MRK) and Toyota Motor Corp. (TM).
US Auto Sales Continue Downhill Ride: Will 2H22 Be Any Better?
by Rimmi Singhi
After a difficult Q1, auto sales slump again during April-June 2022 as parts shortage hobbles output. Cox Automotive lowers full-year US new-vehicle sales forecast amid inventory challenges.
J.D. Power US IQS Report Out: Vehicle Quality Hits Record Low
by Rimmi Singhi
Per the 2022 J.D. Power quality scorecard, General Motors (GM) grabs the top spot among the automakers with a total of nine awards.
The Zacks Analyst Blog Highlights Ford, BMW AG Tesla, General Motors and Toyota
by Zacks Equity Research
Ford, BMW AG, Tesla, General Motors and Toyota are part of Zacks top Analyst Blog.
EV Roundup: F & BMW's Electrification Plan Updates Take the Spotlight
by Rimmi Singhi
While Ford (F) spearheads the electrification drive in Europe with the newly selected Valencia plant in Spain, BMW (BAMXF) announces ambitious EV plans in China and Austria to make its mark in the red-hot e-mobility domain.
Auto Roundup: WGO and KMX's Quarterly Earnings Beat, TM's Output Cut and More
by Rimmi Singhi
Winnebago (WGO) and CarMax's (KMX) earnings top estimates. But while WGO's profits soar y/y, KMX's earnings fall. Meanwhile, Toyota (TM) cuts July production targets amid a supply chain crisis.
Toyota Motor Corporation (TM) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Toyota Motor Corporation (TM) closed at $157.52 in the latest trading session, marking a -1.02% move from the prior day.
Toyota (TM) Cuts July Output Target, Collaborates With Redwood
by Zacks Equity Research
Supply chain snafus force Toyota (TM) to trim its worldwide output target by 50,000 vehicles for the next month. In separate news, the auto giant teams up with Redwood for EV battery recycling.
Auto Roundup: F's Spate of Recalls & RACE's Ambitious Targets Take Center Stage
by Rimmi Singhi
While Ford (F) issues three separate recalls over different issues, Ferrari (RACE) lays down an ambitious 2022-2026 strategic plan.
The Zacks Analyst Blog Highlights Procter & Gamble, Sony Group, Diageo, Toyota Motor and Intuitive Surgical
by Zacks Equity Research
Procter & Gamble, Sony Group, Diageo, Toyota Motor and Intuitive Surgical have been included in this Analyst Blog.
Toyota Motor Corporation (TM) Stock Moves -1.46%: What You Should Know
by Zacks Equity Research
Toyota Motor Corporation (TM) closed the most recent trading day at $154.46, moving -1.46% from the previous trading session.
Top Analyst Reports for Procter & Gamble, Sony & Diageo
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including The Procter & Gamble Company (PG), Sony Group Corporation (SONY), and Diageo plc (DEO).
Russia Vehicle Sales Continue to Plummet: Rough Road Ahead
by Rimmi Singhi
Vehicle sales in Russia drop to a historic low in May, with only 24,268 vehicles sold, marking a year-over-year drop of 83.5%. AEB expects vehicle sales in the country to shrink at least 50% in 2022.
Auto Biggies Call for Removal of Federal EV Tax Credit Cap
by Rimmi Singhi
CEOs of Ford (F), General Motors (GM), Toyota (TM) and Stellantis (STLA) request the Congress to lift the EV tax credit cap until the e-mobility market gets mature.
The Zacks Analyst Blog Highlights Novo Nordisk, Toyota Motor, Salesforce, Abbott Laboratories, Raytheon Technologies, and Equinor
by Zacks Equity Research
Novo Nordisk, Toyota Motor, Salesforce, Abbott Laboratories, Raytheon Technologies, and Equinor are part of Zacks top Analyst Blog.
Toyota Motor Corporation (TM) Stock Moves -0.51%: What You Should Know
by Zacks Equity Research
In the latest trading session, Toyota Motor Corporation (TM) closed at $164.51, marking a -0.51% move from the previous day.
Top Research Reports for Novo Nordisk, Toyota & Salesforce
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Novo Nordisk A/S (NVO), Toyota Motor Corporation (TM), and Salesforce, Inc. (CRM).
Auto Roundup: F's $3.7B Investment, GM's Milestone in AV Journey & More
by Rimmi Singhi
Ford (F) plans to invest $3.7 billion and create over 6,200 new UAW jobs in Ohio, Missouri and Michigan. Meanwhile, General Motors (GM) gets the green light for commercial driverless robot taxi services in San Francisco.
Stellantis (STLA), Toyota Motor Europe to Bolster LCV Partnership
by Zacks Equity Research
Stellantis (STLA) together with Toyota Motor Europe will expand their ties through an agreement over a new large LCV. The pact will solidify EV efforts for both.
Auto Roundup: VWAGY and STLA to Pay Emissions Fines, TM Cuts Output Target & More
by Rimmi Singhi
Volkswagen (VWAGY) and Stellantis (STLA) agree to pay settlement fines of $242 million and $300 million, respectively, over emission scandals. Toyota (TM) cuts its June production target by 150,000 units.
Factors Setting the Tone for ChargePoint's (CHPT) Q1 Earnings
by Zacks Equity Research
The Zacks Consensus Estimate for ChargePoint's (CHPT) Q1 loss and revenues is pegged at 18 cents per share and $75.1 million, respectively.
4 Semiconductor Stocks to Buy in a Promising Industry
by Ritujay Ghosh
Semiconductor shortage is crippling several industries but rising sales on soaring demand has been helping companies like Analog Devices (ADI), ON Semiconductor (ON), Vishay Intertechnology (VSH) and MACOM Technology Solutions Holdings (MTSI).